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Manager, Accounting Strategy and Analytics

Employer
Navy Federal Credit Union
Location
Merrifield, VA
Closing date
Feb 20, 2019

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Employee Perks Why You Will Love Being Part of the Navy Federal Team: *Competitive compensation with opportunities for annual raises, promotions, and bonus potential *Best-in-Class Benefits! (7% 401k match / Pension plan / Tuition reimbursement / Great insurance options) *On-site amenities include fitness center, wellness center, cafeteria, etc. at Pensacola, FL; Vienna, VA and Winchester, VA campuses *Consistently Awarded Top Workplace *Nationally recognized training department by TRAINING Magazine IND123 *An employee-focused, diverse, and service-oriented workplace environment Basic Purpose To lead the development and implementation of systems/processes for data analytics/modeling and strategic analysis on Corporate Accounting projects. Understand and interpret external authoritative changes to identify impacted GAAP financial statement areas. Model/forecast financial quantification and provide strategic options for emerging authoritative guidance. Partner with business units to advise on financial statement impact for strategic growth objectives and business process changes through analysis and development of financial models in accordance with GAAP. Automate accounting processes to meet Generally Accepted Accounting Standards (GAAP) and auditing standards while maximizing efficiency of available resources. Responsibilities: Serve as the analytical engine of the corporate accounting team to provide financial and strategic insights and support optimal business decision making Develop and maintain an understanding of relevant industry standards, best practices, business processes and NFCU systems to ensure compliance with standards, policy, procedures, and vendor contractual requirements Stay abreast of a changing external environment (accounting, regulatory, etc), conducting analysis to identify business risks and opportunities and informing management of potential financial statement impacts Identify and assess business strategies and opportunities; develop appropriate analytical approaches inclusive of identification of key drivers and sensitivity testing Plan and conduct complex analyses, data modeling, and reporting Develop financial models to influence strategic decision making around accounting estimates as either primary model, challenger model or validation model (dependent on financial statement area) in the model governance best practices framework Perform qualitative and quantitative analysis using analytical techniques, tools, models, simulation, etc. to create quantitative on-top accounting estimates for qualitative adjustments to existing developed models Supervise modeling efforts to ensure that projections and forecasts adhere to appropriate GAAP financial standards and answer particular business questions to tell the story behind the quantitative results Analyze information to produce analytically-driven inferences and hypotheses to generate actionable recommendations Perform trending analysis and industry/peer group comparisons Evaluate/develop/implement analytical techniques and best practices to gain a competitive advantage Develop and maintain efficient and effective analytical/reporting processes and tools Implement financial dashboards and work with business intelligence tools Research, gather and synthesize data; present conclusions and recommendations to management and/or team members Evaluate and refine internal processes and implement technical controls and validation processes to ensure data integrity/accuracy Supervise documentation of projects to meet audit and regulatory requirements Serve as a liaison between functional areas and management for the implementation of accounting estimates for business unit activities Work cross-functionally as point of contact with business areas, ISD staff, and vendors regarding technical issues, complex testing and troubleshooting to ensure daily work meets strategic intent Develop critical relationships with key technical/non-technical stakeholders to gain concurrence, input, execution and change management decisions Perform ad-hoc reporting and analysis Perform supervisory/managerial duties o Ensure adequate/skilled staffing; select employees o Establish performance goals and priorities o Prepare, conduct and review performance appraisals o Develop, mentor and counsel staff o Ensure section goals and objectives align with division/department strategy o Ensure efficiency of operations Perform other duties as assigned Qualifications: Bachelor s degree in Accounting, Finance, Business Administration, Economics or a related field Active CPA Significant experience with the application of statistical methods, mathematical techniques, forecasting, cost-benefit analysis and related analytical toolsincluding basic Microsoft tools (Excel, Access, Powerpoint and SQL Server Management Studio) as well as Informatica, Teradata, Hadoop, Tableau, SAS and/or R. Experience in work which displays increasing levels of responsibility and/or authority Experience in managing cross-functional, multi-dimensional teams and projects of the highest complexity which have business risk and impact Ability to work in an evolving environment to assess the impact of changes in objectives and to rapidly shift priorities as circumstances change to meet deadlines and goals Advanced knowledge of thought leadership in providing vision and strategic thinking around a full range of technical decisions and issues Advanced standards of accuracy and precision Significant experience and proficiency with data querying, researching and reporting including demonstrated skill validating accuracy and applicability of underlying data Advanced research, analytical, and problem solving skills Experience in developing agile financial models Advanced knowledge of auditing requirements and best practices related to model development and documentation to support appropriateness of model methodology, accuracy of underlying data, and controls around model governance Significant experience analyzing/interpreting informational models/mappings and to think objectively to interpret meaningful themes in quantitative and qualitative data Significant experience translating complex concepts, customer needs, motivations and behaviors into easy-to-understand interactive experiences and deliverables Advanced verbal and written communication skills Advanced skill presenting clearly and concisely to stakeholders & management on findings/conclusions and strategies/alternatives to influence decision making Advanced interpersonal skills to interact diplomatically & tactfully with, effectively influence and build constructive relationships with staff, management, peers, auditors, regulators, vendors, and members in a variety of settings Highly driven and self-motivated team player Desired Master s degree in Finance, Business Administration, Economics or related field Desired Certified Financial Analyst designation Desired Significant experience with financial institutions and/or NCUA regulations Desired Experience in a SOX or SOX-like environment Equal Employment Opportunity Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability

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